Search Results for: global economy

OppFi Closes Expanded $50 Million Corporate Credit Facility with Atalaya Capital Management
Fintech News

OppFi Closes Expanded $50 Million Corporate Credit Facility with Atalaya Capital Management

Fintech News Desk
by Fintech News Desk0
Facility is designed to power OppFi’s growth plans and accelerate new product roll-out Opportunity Financial, LLC (“OppFi“), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, announced today that it has closed an expanded $50 million corporate credit facility with Atalaya Capital Management. The......
Visa And Capital One Alum Cetin Duransoy Joins Fintech Leader Fundbox As Chief Operating Officer
B2B Fintech News

Visa And Capital One Alum Cetin Duransoy Joins Fintech Leader Fundbox As Chief Operating Officer

Fintech News Desk
by Fintech News Desk0
Latest hire marks a period of rapid growth for Fundbox as company scales business on the back of market-leading performance through COVID-19 Fundbox, the financial services platform for small businesses, has named Cetin Duransoy as Chief Operating Officer. He will be responsible for scaling and overseeing the growth of the......
Paysafe’s Skrill Expands Crypto Offering to US With Coinbase
Cryptocurrency Digital Digital Payments News

Paysafe’s Skrill Expands Crypto Offering to US With Coinbase

Fintech News Desk
by Fintech News Desk0
American expansion allows digital wallet customers in majority of states to buy and sell cryptocurrencies through Coinbase-powered solution Paysafe, a leading specialized payments platform, announced that its Skrill digital wallet has expanded its cryptocurrency offering to the U.S. in partnership with Coinbase, the digital currency platform provider. The deal sees......
Cristóbal Conde Appointed Chairman of FinTech and GovTech Leader Fimatix
Finance Fintech Investment Services News

Cristóbal Conde Appointed Chairman of FinTech and GovTech Leader Fimatix

Fintech News Desk
by Fintech News Desk0
Fimatix has announced the appointment of Cristóbal Conde as Non-Executive Chairman effective from 23 March 2021. Formerly Chairman of Calastone, the major global funds network recently sold to The Carlyle Group, Conde brings a wealth of business, fintech and investment experience. He will work closely with the senior management team......
HES FinTech and Ondato are Now Partners to Promote Digital Onboarding in Banking and Finance
Banking Fintech Risk Management

HES FinTech and Ondato are Now Partners to Promote Digital Onboarding in Banking and Finance

Fintech News Desk
by Fintech News Desk0
Ondato and HES FinTech, two major European technology vendors, announced a strategic partnership to reach synergy in assisting financial organizations on their way to digital transformation. “It’s my pleasure to announce that HES FinTech started a partnership with Ondato. Most of our customers search for fast and seamless integration with......
Payfare Completes Initial Public Offering
Banking Digital Finance Fintech Mobile Banking News

Payfare Completes Initial Public Offering

Fintech News Desk
by Fintech News Desk0
Payfare Inc. successfully closed its previously announced initial public offering of 10,900,000 Class A common shares at a price of $6.00 per Common Share for total gross proceeds of C$65,400,000. Payfare will use the net proceeds from the Offering to repay its short term debt in full, finance growth and......
Newlink Group Raises $300 Million In Funding From Leading Financial Institutions
Finance Fintech Investments News

Newlink Group Raises $300 Million In Funding From Leading Financial Institutions

Fintech News Desk
by Fintech News Desk0
Leading energy technology company plans to accelerate digitalization of the energy value chain Newlink Group announced that it has closed $200 million in incremental equity financing led by Bain Capital, a leading global multi-asset alternative investment firm. Existing investor Joy Capital also participated in the fundraising. The current round of fundraising......
Lyra Last-Mile Connectivity Solution For Rural India
Banking Fintech News

Lyra Last-Mile Connectivity Solution For Rural India

Fintech News Desk
by Fintech News Desk0
Lyra’s last-mile solution for rural India was announced as the winner of the ‘Best use of technology in FinTech‘ award at the recently held 11th edition of India Digital Awards – a virtual award function organized by IAMAI. Lyra bagged the award in the Payments and Fintech Awards category. Lyra’s last-mile connectivity solution for......
CreditShop is now Mercury® Financial
Digital Fintech News

CreditShop is now Mercury® Financial

Fintech News Desk
by Fintech News Desk0
Company secures $100 million additional investment to support growth CreditShop Holdings LLC  announced the Company has officially changed its name to Mercury® Financial Holdings LLC. The largest non-bank credit card company in the U.S. re-brands following the record growth of its flagship offering, the Mercury® Mastercard®, and the introduction of......
Claroty Launches its FOCUS Partner Program
Business Economy News

Claroty Launches its FOCUS Partner Program

Fintech News Desk
by Fintech News Desk0
Global Channel Program Empowers Partners to Provide Effective, High-value Solutions that Address Customers’ Industrial Cybersecurity Needs Claroty, the industrial cybersecurity company, today introduced its Claroty FOCUS Partner Program. The three-tier program is designed to align to and support all partners’ differentiated business models and expand the ecosystem’s ability to become......
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